Medical Animation Market Current and Future Industry Conditions by 2024|Top Industry Players Ghost Productions, Inc.; Hybrid Medical Animation

San Francisco,17 October 2018: The global medical animation market is expected to reach a value of USD 514.0 million by 2024, according to a new report by Grand View Research. Key factors driving the market growth include the higher adoption of medical animation marketing by medical devices manufacturers and pharmaceutical products. It helps in explaining product features and communicating associated information with end users. 

The information represented by animation is more appealing and easy to transmit. These aforementioned benefits are expected to boost the usage rate in near future. In addition, the paradigm shift, in healthcare information technology, such as digitalization, is anticipated to contribute towards the market growth in the next few years. The medical animation market has gained momentum after the introduction of cloud-based platforms and 3D printing technology in healthcare. 

Furthermore, the introduction of technologically advanced software for image analysis, such as Medical Image Processing, Analysis, and Visualization can be attributed to the market growth. This application enables researcher from remote sites share valuable information and analyze the research data to detect, monitor, and treat medical disorders.  Medical animation is a versatile tool for communicating complex scientific procedures in an interactive manner and used in a variety of business aspects such as marketing, web presentations, social media, tradeshows and advertising. Increasing adoption of this technology is expected to serve as a potential growth driver in the future. 

The increasing investment by private and public sector, growing geriatric population coupled with increasing demand for computer-aided diagnostics, and incidence of chronic diseases are major factors fueling the increasing usage rates of this technology. In addition, this technology found application in various sectors, for instance; it helps healthcare professionals explain human body metabolism to patients, which helps in reducing patient’s anxiety level and educates them about various disease condition.  

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Further Key Findings from the Study Suggest:

·       Flash animation is expected to be one of the most lucrative segment in near future due to increasing demand for patient engagement by healthcare professionals. On the other hand, 3D animation found application in clinical research studies, improving patient education, and simplifying complex procedures in bioscience studies by representing them into an animated form

·       Growing demand for technologically advanced medical animation solutions is expected to contribute towards the growth of 3D animation during the forecast period

·       In 2015, the drug mechanism of action segment accounted for the largest revenue share. The use of animation for explaining drug interactions and metabolic studies in new drug development are key contributing factors for this segment growth. This technology is used in animating preproduction, full production and post production process of drug molecules

·       However, the patient education segment is expected to emerge as the fastest growing segment as awareness levels amongst patients, introduction of user-friendly apps and concerns related to health information are increasing. For instance, introduction of 3D medical application such as complete anatomy in November 2015 by 3D4 medical used for anatomical studies

·       Currently, oncology segment dominates the market and is expected to be the fastest growing therapeutic area using this technology. Increasing incidence of cancer worldwide is a key contributing factor for growing demand of medical animation studies to explain disease mechanisms to patients

·       For instance, XVIVO, showcased animation software at the American Society of Clinical Oncology (ASCO) and also helped in the depiction of mechanism of action of Bavituximab, an investigative drug, believed to strengthen the immunity system in cancerous environment

·       Other end users of this market are life science companies, medical device manufactures, government authorities, forensic department, medico-legal firms, and insurance provider companies. This segment is expected to grow at fastest CAGR due to wide usage of 3D bioprinting and biosimulation studies in these fields

·       For example, in forensic studies, a medical animation is used to elaborate crime scene and medico-legal firms use 3D animation to explain pain management procedures, surgical techniques, and presenting anatomical studies. There are various surgical and clinical audiovisual animation studies available online

·       Asia Pacific is expected to be the fastest growing region during the forecast period. The growing geriatric population, increase in the chronic diseases, and ongoing development in healthcare sector is the factors anticipated to provide future growth platform for this industry in the next 7 years

·       In addition, rising outsourcing activities in this region due to availability and low cost of labor are anticipated to propel segment growth over the forecast period. For example, in India, the cost of medical animation services is 20% to 25% lower than the U.S. and Europe

·       The medical animation market is experiencing high competition as there are many small and big organization that offer these services. Introduction of low-cost software solutions for medical simulation is expected to boost the competition and is also expected to benefit several end users over the forecast period

·       Companies are involved in adopting sustainable strategies to gain competitive edges such as new product launch, product up gradation and collaborative agreements. For example, In April 2016, Fusion medical animation launched biotech brand services aimed at designing and developing innovative visuals for better understanding of complex products The aforementioned factors keeps the market rivalry at higher level 

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/healthcare

Grand View Research has segmented the medical animation market by type, application, therapeutic area, end-use and region: 

Medical Animation Market Type Outlook (Market revenue in USD Million, 2013 - 2024)

·         3D Animation

·         2D Animation

·         4D Animation

·         Flash Animation

Medical Animation Market Application Outlook (Market Revenue in USD Million, 2013 - 2024)

·         Drug MoA

·         Patient Education

·         Surgical Training & Planning

·         Cellular & Molecular Studies

·         Others

Medical Animation Stationary Therapeutic Area Outlook (Market Revenue in USD Million, 2013 - 2024)

·         Oncology

·         Cardiology

·         Plastic Surgery

·         Dental

·         Others

Medical animation Market End-use Outlook (Market Revenue in USD Million, 2013 - 2024)

·         Hospitals

·         Life sciences

·         Academic institute

·         Medical device manufactures

·         Others

Medical Animation Market Regional Outlook (Market Revenue in USD Million, 2013 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East and Africa

Access Press Release of Medical Animation Market@ www.grandviewresearch.com/press-release/global-medical-animation-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Printed Electronics Market is likely to Touch $19.15 Billion by 2025|Key Industry Participants NovaCentrix, T-Ink, Inc

San Francisco,17 October 2018: The global printed electronics market is projected to reach USD 19.15 billion by 2025, according to a new report by Grand View Research, Inc. The surging demand for the flexible electronics at low manufacturing costs and the need for eco-friendly technologies is paving the way for increased adoption of the technology.

Additionally, the increasing penetration of IoT worldwide is proving to be a prime factor in pulling the printed electronics market over the forecast period. The continuously growing demand for IoT in the telecommunication industry for enhancing the network and optimizing the performance along with operations is expected to propel the application of technology over the forecast period.

Numerous technological advancements and developments have led to the evolution of various electronic gadgets and instruments. The growing awareness and user-friendly technologies are leading to the early adoption of these innovative products significantly.

Competent players of the industry are investing largely on the related R&D activities in order to enrich the product portfolios and establish their presence in the market. Eventually, adoption of the efficient and reliable technologies such as printed electronics has turned out to be a necessity for the manufacturers across the globe. Therefore, the printed electronics is anticipated to seek a notable attention across the consumer electronic sector over the forecast period.

The printed electronics market is categorized based on the materials needed, technologies, and the devices holding a major application over the forecast period. The Asia Pacific region contributes to the major demand of the conductive inks and is expected to hold the grip over the estimated time. This demand can be accredited to the increased production of consumer electronics across the regional countries.

However, the North America and European countries such as UK, Germany, and Norway includes various organizations and associations involved in the promoting and investing in R&D for developing the printed electronics technology. Furthermore, the Asia Pacific region is also expected to witness heavy demand which has led the companies to invest heavily for enhancing the ink quality, reliability, and other conductive properties.

The characteristic features of the inkjet technology such as less ink consumption and material wastage, flexibility, compactness, and less initial investment is leading the technology to experience a noteworthy swift over the estimated period. Furthermore, printed electronic RFID devices is another segment to observe a remarkable rise over the forecast period owing to the demanding application in the packaging sector. Hence, impacting positively for strengthening the global printed electronics market across the globe.

Access Research Report of Printed Electronics Market @ www.grandviewresearch.com/industry-analysis/printed-electronics-market

Further key findings from the report suggest:

·       The printed electronics market growth can be accredited to the increasing adoption of the inkjet technology, the growing display and printed RFID devices segments.

·       The increasing awareness regarding the conservation of natural resources is leading to the adoption of eco-friendly alternatives, such as the adoption of photovoltaic devices which is further attributing the technology growth.

·       Conductive inks and the screen printing technology are the two segments dominating the overall printed electronics market constituting the major share.

·       Various organizations and associations are promoting the printed electronics technology in the European countries such as Germany and UK, constituting for a considerable share in 2015.

·       The key industry participants include Enfucell Oy, GSI Technologies, NovaCentrix, and T-Ink, Inc. The major enhancement strategies followed by the competent players include signing partnerships or distribution agreements, mergers, and acquisitions along with enriching their portfolios by undertaking continuous R&D.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global printed electronics market on the basis of material, technology, device, and region:

Printed Electronics Material Outlook (Revenue, USD Million, 2014 - 2025)

·         Ink

·         Substrate

Printed Electronics Technology Outlook (Revenue, USD Million, 2014 - 2025)

·         Inkjet

·         Screen

·         Gravure

·         Flexographic

Printed Electronics Device Outlook (Revenue, USD Million, 2014 - 2025)

·         Display

·         Photovoltaic

·         Lighting

·         RFID

·         Others

Printed Electronics Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         South America

·         Middle East & Africa

Access Press Release of Printed Electronics Market@ www.grandviewresearch.com/press-release/global-printed-electronics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Controlled Release Drug Delivery Market to Mark a Rapid CAGR of 13.8% Through 2025: Grand View Research Inc.

San Francisco,17 October 2018: According to a report by Grand View Research, Inc., global controlled release drug delivery market is anticipated to value USD 90.18 billion by 2025. Growing requirement for reduction in amount of drug dose and dosage frequency to achieve prolonged therapeutic effect is anticipated to propel demand for controlled release drug delivery system. These systems are likely to offer multiple benefits over conventional medication delivery methods such as fewer adverse gastrointestinal effects, uniform drug effect, and enhanced patient compliance.

Rising R&D investments to develop advanced drug delivery systems offering ease of medication administration can influence growth of market. Growing need for controlled release of medication dosage for geriatric and pediatric patients can spur market growth. Growing adoption of systems that can deliver medication at predetermined rate systematically or locally can augment growth of market during the forecast period (2014 to 2025).  

The controlled release drug delivery market can be segregated on the basis of technology, release mechanism, application, and region. Based on technology, the market can be categorized into microencapsulation, wurster technique, implants, transdermal, targeted delivery, coacervation, and others. Targeted delivery segment dominated the market and accounted for largest market share in recent years. It can help delivering medication to target site and can prevent toxicity by keeping it away from other sites. In addition, it can bring uniform effect of medication and reduce fluctuation in circulating drug levels.

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On the contrary, microencapsulation segment is likely to gain traction among consumers owing to rising demand among companies over traditional drug delivery methods. It can reduce toxicity and hence preferred among doctors for treatment of pediatric and geriatric patients.    

Based on release mechanism, the market can be classified into feedback regulated drug delivery systems, polymer matrix based systems, activation-modulated drug delivery systems, micro reservoir partition controlled drug delivery systems, and chemically activated. In 2016, polymer matrix based systems segment dominated the market and accounted for largest market share owing to high demand. Ability to release controlled and spatial release of loaded therapeutics coupled with their rate dissolution can stimulate growth of segment.

Similarly, chemically controlled systems segment can witness significant growth over the forecast period. These systems can include hydrolysis activated systems, pH-activated systems, and enzyme-responsive solutions.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/pharmaceuticals

Based on application, the market can be divided into metered dose inhalers, injectable, transdermal and ocular patches, infusion pumps, oral controlled-drug delivery systems, and drug eluting stents. In 2016, oral systems segment dominated the market and accounted for largest market share attributed to frequent usage and availability. In addition, these systems can offer targeted delivery and hence preferred over conventional methods. Moreover, rising need for generic medication is likely to create demand for oral drug delivery systems to limit quantity of medicine used.

Similarly, metered dose inhalers segment can also witness growth owing to its ability to administer medication in controlled form using nanoparticles and polymeric materials. Controlled release of drug to treat pulmonary disease can reduce frequency of dosage by allowing medication to be delivered at desired site of action can surge demand for metered dose inhalers.

Moreover, drug-eluting stents can be used for treatment of several cardiac disorders.    

Regional segmentation includes Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. In 2016, North America dominated the market and accounted for largest market share. Continual deployment of favorable government initiatives for development of controlled release drug delivery coupled with rising investments in R&D activities can fuel market growth. In addition, high prevalence of leading market players in the region can augment growth of market. Moreover, growing number of NDA and ANDA applications in the region coupled with rising use of controlled release drug delivery systems by pharmaceutical companies can stimulate market growth.

In Asia Pacific, the market is expected to witness significant growth at highest CAGR over the forecast period. Continual developments in pharmaceutical sector coupled with rising R&D investments by multinational companies can influence growth of market. In addition, liberal federal regulations and untapped market opportunities can fuel market growth. 

Some of the leading companies offering controlled release drug delivery systems are Johnson and Johnson; Corium International, Inc.; Alkermes plc; Orbis Biosciences, Inc.; and Aradigm Corporation.

Access Press Release of Controlled Release Drug Delivery Market@ www.grandviewresearch.com/press-release/global-controlled-release-drug-delivery-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Consumer Drone Market is Expected to Grow at Significant Rate by 2024|Top Industry Players 3D Robotics, Yuneec Electric Aviation

San Francisco,17 October 2018: According to a report published by Grand View Research, Inc.; consumer drone market is expected to reach a valuation of around USD 4.19 billion by 2024.

Increasing importance of drone flying as hobby such as racing, and UAV photography can propel the market over the forecast period (2013 to 2024). In addition, supportive regulatory framework regarding drone flying for non-commercial activities in selected geographies can have positive impact on the market.

Technological advancements in electronics is expected to create more opportunities in the market.  Development of new technologies like geo-fencing and collision avoidance to make flying drone safer. This has increased the acceptance of drones across the world.

Consumer unmanned aerial vehicles (UAVs) have gained much traction in the recent times due to their ability to capture high-resolution image and video and new dynamic designs. Launch of high-resolution 4K cameras and advanced Gimbal systems are projected to increase the use of UAVs in nature exploration and photography.  In addition, development of drones with hydrogen fuel cells in the back-end conserve energy and supply power to UAVs to accomplish long flight duration is the new trend in the market.  UAVs with dynamic concept design and improved flight capability have increased their applications in electronics, gaming, and associated hobby areas. Furthermore, supportive efforts by regulatory agencies like European Aviation Safety Agency (EASA), Federal Aviation Authority (FAA), and rising government spending on the development of advanced UAVs are presumed to boost the market growth over the forecast period.

However, factors such as small flight time due to less battery life of drones, complexities associated with maintenance and repair, and concerns regarding privacy and accidents can challenge the market growth.

Worldwide consumer drone market can be segmented on the basis of product, application, and region.

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Based on product, the market can be bifurcated into multi-rotor, nano, and others (Fixed-wing, hybrid).

In 2015, the multi-rotor dominated the market terms of revenue and volume and estimated for over 85% of the overall volume share. The segment is also expected to show high growth in the coming years due to increasing acceptance in applications including photography and racing. The nano segment is expected to expand at a high CAGR of over 30% during 2016 to 2024 due to their efficient usage in security and photography applications. 

As per application, the market can be bifurcated into prosumer, toy/hobbyist, and photogrammetry.

In 2015, the prosumer segment dominated the market and projected to expand at a CAGR of close to 30% during 2016 to 2024 due to increasing applications in aerial photography and gaming.

The toy/hobbyist segment is expected to show significant growth over the forecast period on account of growing acceptance of drone flying as a hobby and availability of customized UAV fabrication.

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Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

In 2015, North America market was valued at near to USD 140 million and expected to show remarkable growth over the forecast period due to increasing government investments. In addition, forthcoming regulations by the Federal Aviation Administration (FAA) in the U.S. is expected to increase the acceptance of UAVs in the years to come.

In 2015, Europe estimated for over 30% of the total market size and is predicted to be the major region during the forecast period. This growth can be associated with the implementation of new regulations that could provide safe and productive environment for the industry.

Asia Pacific is expected to show high growth during the forecast period. This region is likely to grow at a CAGR of 35% during 2016 to 2024. This growth can be attributed to technological advancements and increasing efforts to design low cost products. Growing investment by China and Japan for the development of multifunctional drones for several applications is likely to boost the regional market in the coming years. Increasing foreign investments in China to create production base in China is also expected to support the growth in this region.

Key companies operating in the market include DJI Innovations, Yuneec Electric Aviation, Eachine, SkyTech, Walkera, and JJRC.

Access Press Release of Consumer Drone Market@ www.grandviewresearch.com/press-release/global-consumer-drone-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com